Farecast Raises Series C

Farecast Inc., a Seattle-based developer of data mining techniques to predict prices in the travel industry, has raised $12.1 million in Series C funding, according to a regulatory filing. Sutter Hill Ventures led the deal, and was joined by return backers Madrona Venture Group and Greylock Partners. www.farecast.com < ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />